Quick charity verification for The Storydancer Project Inc (EIN: 10848334)
Verdict: The Storydancer Project Inc appears trustworthy
85/100Mission Score
$133KRevenue
$77KAssets
1Red Flags
4Strengths
Red Flags
Significant deficit in 2023 ($56,843) where expenses ($164,012) exceeded revenue ($107,169).
Strengths
Consistent 0% officer compensation across all filings, indicating high efficiency in executive spending.
Zero liabilities reported consistently, demonstrating strong financial health and low debt.
Strong program focus, with a high percentage of expenses likely directed to mission-related activities.
History of surpluses in 2021 and 2022, indicating periods of effective financial management.
Spending Breakdown
How The Storydancer Project Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about The Storydancer Project Inc
Is The Storydancer Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Storydancer Project Inc (EIN: 10848334) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is The Storydancer Project Inc a good charity to donate to?
The Storydancer Project Inc has a Mission Score of 85/100. Revenue: $133K. Assets: $77K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Storydancer Project Inc?
The Employer Identification Number (EIN) for The Storydancer Project Inc is 10848334. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does The Storydancer Project Inc spend its money?
The Storydancer Project Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Storydancer Project Inc's tax-exempt status?
You can verify The Storydancer Project Inc's tax-exempt status using EIN 10848334 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Storydancer Project Inc demonstrates a generally stable financial position, though with some fluctuations in recent years. In 2023, the organization reported revenues of $107,169 against expenses of $164,012, indicating a deficit for the year. This follows a surplus in 2022 ($141,715 revenue vs. $106,333 expenses) and 2021 ($151,179 revenue vs. $91,401 expenses). The organization consistently reports zero liabilities, which is a strong indicator of financial health and low debt burden. Assets have fluctuated, reaching a high of $133,580 in 2022 before decreasing to $76,737 in 2023. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards programs rather than executive salaries, enhancing both spending efficiency and transparency. However, the recent deficit in 2023 warrants monitoring to ensure long-term sustainability.